Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
Stock Futures Dip as Investors Await Key Payrolls Data 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro: GBP/AUD edges higher but bulls lack punch 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
AUD/CAD chart on Trading View used for analysis
- AUD/CAD has failed to break above 200-W SMA which offers stiff resistance at 0.9766.
- The pair trades with strong bullish momentum and breakout at 200-W SMA could propel the pair higher.
- RSI strong on weekly charts, holds above 50 mark and bias higher. MACD is showing a bullish crossover on signal line and bias bullish.
- Breakout at 200W SMA eyes next major resistance at 61.8% Fib at 0.9808 ahead of weekly cloud top at 0.9898.
- On the flipside, rejection at 200-W SMA with break below 200-DMA could see weakness till 0.9523 (Nov 18 low)
Recommendation: Watch out for decisive break above 200W SMA to go long.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
